one8zero8 LLC Invests $604,000 in BlackRock Enhanced Global Dividend Trust $BOE

one8zero8 LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the second quarter, HoldingsChannel reports. The fund acquired 50,000 shares of the financial services provider’s stock, valued at approximately $604,000.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley increased its holdings in BlackRock Enhanced Global Dividend Trust by 3.0% in the 4th quarter. Morgan Stanley now owns 7,519,901 shares of the financial services provider’s stock worth $88,058,000 after acquiring an additional 220,422 shares in the last quarter. Saba Capital Management L.P. lifted its holdings in BlackRock Enhanced Global Dividend Trust by 6.7% during the fourth quarter. Saba Capital Management L.P. now owns 2,555,063 shares of the financial services provider’s stock valued at $29,920,000 after purchasing an additional 160,525 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of BlackRock Enhanced Global Dividend Trust by 13.6% in the fourth quarter. Guggenheim Capital LLC now owns 1,148,096 shares of the financial services provider’s stock worth $13,444,000 after purchasing an additional 137,344 shares during the period. Advisors Asset Management Inc. boosted its position in shares of BlackRock Enhanced Global Dividend Trust by 17.7% in the fourth quarter. Advisors Asset Management Inc. now owns 1,010,603 shares of the financial services provider’s stock worth $11,834,000 after purchasing an additional 152,181 shares during the period. Finally, Lazard Asset Management LLC increased its stake in shares of BlackRock Enhanced Global Dividend Trust by 247.3% in the fourth quarter. Lazard Asset Management LLC now owns 888,386 shares of the financial services provider’s stock worth $10,403,000 after purchasing an additional 632,567 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of NYSE BOE opened at $12.33 on Thursday. BlackRock Enhanced Global Dividend Trust has a 1 year low of $10.59 and a 1 year high of $12.58. The firm has a fifty day moving average price of $12.09 and a 200-day moving average price of $11.80.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.0827 dividend. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.